G27 A 4 S B D E F G H Victory Company Inc. has two production processes. Conversion cost is added evenly throughout each process. Direct materials are added at the beginning of the first process. Victory uses weighted-average process costing. 6 7 8 9 Beginning Work in Process inventory 10 Units started this period 11 Units completed and transferred out 12 Ending Work in Process inventory Units % Completion Materials Conversion 60,000 100% 80% 820,000 700,000 180,000 100% 30% 13 14 Beginning Work in Process inventory: 15 Direct materials $420,000 16 Conversion 139,000 $559,000 17 18 Costs added this period: 19 20 Direct materials Conversion 2,220,000 3,254,000 5,474,000 21 Total costs to account for: $6,033,000 22 23 24 Given Victory Company's information, calculate equivalent units of production (EUP) for both direct materials and conversion: 25 26 EUP, Direct materials 34 27 EUP, Conversion 39 Cost/EUP, direct materials Cost/EUP, conversion per EUP per EUP 28 J K L